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Wednesday, 21 November 12
ORPHEUS ENERGY SECURES FIRST COAL OFF TAKE CONTRACT
COALspot.com - Orpheus Energy Limited (ASX:OEG) has announced that it has signed a coal sales contract with an Indonesian steel manufacturing company, located in Banjarmasin, South Kalimantan.
- Coal sales purchase agreement signed to supply coal to an Indonesian steel manufacturing group
- 8,000 – 10,000 tonnes per month of ADK coal to be delivered to the buyer
- Benchmark pricing with quarterly reviews
According to company’s press note, under the terms of this initial agreement, the off taker will purchase thermal coal from Orpheus Energy’s ADK Kintap mine f or one year, commencing December 2012, at the rate of 8,000 – 10,000 tonnes per month. The coal will be transported by truck to the steel operation, approximately 140km from ADK, for use in power generation at the facility.
The coal will be sold at benchmark pricing, with quarterly adjustments, and the coal specification requires the following characteristics: Calorific Value 5500-5300 Kcal/Kg (ADB), 33-35% Total Moisture (ADB), 2-4% Ash (ADB), and 0.5% Sulphur (ADB).
Executive Chairman Wayne Mitchell said: “ We recently told shareholders that we were in negotiations regarding longer term contracts for our ADK coal and we are now happy to announce our first off take agreement. The benchmark pricing outcome represents a vote of confidence in the company’s ability to deliver, and positions us t o sell increasing quantities of coal as our mines ’ capacity grows. This is an important milestone in our plans to establish Orpheus Energy as a significant supplier of coal to both export and Indonesian domestic markets”, a note from company said.
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Tuesday, 15 January 13
GRANT SMITH APPOINTED GROUP MANAGING DIRECTOR OF BRAEMAR ADJUSTING
The Board of Braemar Adjusting is delighted to announce the appointment of Grant Smith as Group Managing Director of the company with immediate effe ...
Tuesday, 15 January 13
2ND MYANMAR MINING SUMMIT & OFFICIAL HOST MINISTRY OF MINES TO WELCOME OVER 200 DELEGATES NEXT WEEK
Press Release: The Ministry of Mines is hosting the 2nd Myanmar Mining Summit in Yangon on 21-24 January to unravel the local mining climate, prospe ...
Monday, 14 January 13
NEWCASTLE PORT SHIPPED 2.32 PERCENT LESS COAL W/E 14 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 3,123,312 MT of thermal and coking coal for week ended 0700 hours 14 January 2013, Newca ...
Monday, 14 January 13
THE COAL MONGOLIA - 2013 OFFICIALLY IN COOPERATION WITH TOP MINING COMPANIES
Press Release: Mongolian first mining portal site Mining.mn has already started its preparation of the International Conference “COAL MONGOLIA ...
Monday, 14 January 13
NTPC INVITES BIDS FOR 500K MT OF IMPORTED COAL
COALspot.com - NTPC Limited (formerly National Thermal Power Corporation) is the largest Indian state-owned electric utilities company called for a ...
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- Central Electricity Authority - India
- Meralco Power Generation, Philippines
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- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
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- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
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- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Indika Energy - Indonesia
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- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
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- IHS Mccloskey Coal Group - USA
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- The State Trading Corporation of India Ltd
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- Planning Commission, India
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- Electricity Authority, New Zealand
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- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
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- Global Green Power PLC Corporation, Philippines
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- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
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- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
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- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
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- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Economic Council, Georgia
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- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
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- Vedanta Resources Plc - India
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- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
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- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
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- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- London Commodity Brokers - England
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- Sindya Power Generating Company Private Ltd
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- Trasteel International SA, Italy
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